U.S. Dairy Dry Product Stocks Update – Nov ’19
Executive Summary U.S. dairy dry product stock figures provided by USDA were recently updated with values spanning through Sep ’19. Highlights from the updated report include:
- Sep ’19 U.S. dry whey stocks increased contraseasonally for the second consecutive month, finishing 14.0% higher on a YOY basis.
- Sep ’19 U.S. nonfat dry milk stocks remained lower on a YOY basis for the fourth consecutive month, finishing down 2.9%.